Dec 1, 2012 3:00am PST
to student loans? are they out there? joining us is rachel cruise financial speaker and writer for the dave ramsey organization. good to have you this morning. >> good to -- thanks for having me. >> all righty. so these federal lending programs are designed to make college education more affordable. basically what's happening is creating a pile of debt. >> that's right. so many students are believing the lie that you can't be a student without a student loan. so they are just assuming student loans are are the only way to go to college. >> seems obvious what the down sides would be but let's put them up on the screen how are people winding up with so much debt? are there things they don't realize going into it. >> i think so. an 18-year-old doesn't con piewt that they may graduate with $27,000 in debt. that's just. >> or more. >> that's just the average. >> and more. the average is coming out to $27,000. i don't think an 18-year-old really realizes how much money that actually is. which brings us to point 2. i feel like if i talk to the 21-year-old version of them they always say i wish i h
Dec 17, 2012 8:00pm EST
people stepped forward who really became heroes of the day. four teachers, rachel davino, anne marie murphy, lauren rousseau, victor yoa soat pe merry sherlach the school psychologist, and dawn hochsprung the principal who walked into the face of this gunman to try to stop him from harming any chirp. we'd like to think any of us would rise to a standard of courage they showed. i hope we will but they did, and in so doing reminded us even those who just go to work every single day can be called on to show bravery. these teachers did. the school psychologistnd principal and we hoeo them a great -- owe them a great deb of gratitude as i'm sure all the families in the school feel. we bray for the first victim, nancy lanza and reflect on our responsibility. i thought about it over the weekend, and wroi an article for "the chicago tribune" this morning and here's what it said. what would it take -- what will it fake for a majority of americans to speak out for sensible firearms policy in our nation? it will take more than a congresswoman being shot point blank in the face as she gathers fo
Dec 6, 2012 7:00am EST
a republican will cut it again. host: rachel in texas. caller: hello. i have two questions to ask. the expense it cost them to move overseas? can that be used as a deductible? our representatives are part of the 47%. what does that cost the taxpayers in taxes? what part of our taxes is paid in their insurance? guest: the answer to the first businessess that this are supposed to deduct all other expenses and that could include closing down a factory and opening up a factory overseas. it will include anything. so democrats have proposed a little change to the tax law which would prevent companies from being able to do that but it would raise that much money, unfortunately. i'm sorry about the other question about health insurance for lawmakers. host: thomas in winter park, florida. caller: good morning. thank you for taking my call. the current tax code is a descendant of the 16th amendment which says that congress should have the power to lay and collect taxes. if we eliminated the holding period for the sale of a capital asset, what do you think that would provide in terms of a taxable amount?
Dec 18, 2012 10:00am EST
. dawn hochsprung, avenlg 27. anne marie murphy, age 52. lauren rousseau, 30. mary sherlach, 56. rachel davino, age 49. madam speaker, these were real people, real victims, real children and real pictures of newtown, connecticut. the people of connecticut can relate to these victims of the assault and all americans can relate to some extent this crime that's occurred. at this elementary school. madam speaker, i have four kids and 10 grandkids, three of my daughters are teachers by profession. my wife is a first grade elementary school teacher. and no parent, no parent ever wants to bury their child. they just don't want to do that. we never want our children to die in their youth. like these children did. so, madam speaker, we mourn with the families of connecticut. we must honor the victims in our prayers and in our words and ask the good lord to bless them, their families, the people of connecticut and yes, our country. and that's just the way it is. i yield back. the speaker pro tempore: the gentleman's time has expired. the chair recognizes the gentleman from oregon, mr. blumenauer,